Fiscal year 2023 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses ML in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named ML in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Diwakar Choubey | $650,000 | $1,084,082 | $4,848,284 | $0 | $0 | — | $13,200 | $6,595,566 |
| Chief Executive Officer and Director | ||||||||
| Richard Correia | 600,000 | 808,163 | 3,206,712 | 0 | 0 | — | 10,308 | 4,625,183 |
| President, Chief Financial Officer and Treasurer | ||||||||
| Adam VanWagner | 475,000 | 555,182 | 1,794,148 | 0 | 0 | — | 13,200 | 2,837,530 |
| Chief Legal Officer and Secretary | ||||||||
| Timmie Hong | 500,000 | 584,402 | 1,674,783 | 0 | 0 | — | 13,200 | 2,772,385 |
| Chief Product Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2023 total | FY2022 total | FY2021 total | Δ FY2022→2023 |
|---|---|---|---|---|
| Diwakar Choubey | $6,595,566 | — | — | — |
| Richard Correia | 4,625,183 | — | — | — |
| Adam VanWagner | 2,837,530 | — | — | — |
| Timmie Hong | 2,772,385 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Adam VanWagner | PSU | — | — | — | — | — | $1,794,148 |
| Richard Correia | PSU | — | — | — | — | — | 3,206,712 |
| Timmie Hong | PSU | — | — | — | — | — | 1,674,783 |
| Diwakar Choubey | PSU | — | — | — | — | — | 4,848,284 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Adam VanWagner | $0 | $1,794,148 | $0 | 100.0% |
| Richard Correia | 0 | 3,206,712 | 0 | 100.0% |
| Timmie Hong | 0 | 1,674,783 | 0 | 100.0% |
| Diwakar Choubey | 0 | 4,848,284 | 0 | 100.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Diwakar Choubey | RSU | 99,999 | — | $6,268,937 |
| Richard Correia | PSU | 44,442 | — | 2,786,069 |
| Richard Correia | RSU | 18,898 | — | 1,184,716 |
| Timmie Hong | PSU | 18,332 | — | 1,149,233 |
| Adam VanWagner | RSU | 7,589 | — | 475,754 |
| Richard Correia | PSU | 10,500 | — | 658,245 |
| Richard Correia | RSU | 6,702 | — | 420,148 |
| Timmie Hong | RSU | 6,259 | — | 392,377 |
| Timmie Hong | PSU | 11,250 | — | 705,263 |
| Diwakar Choubey | PSU | 16,500 | — | 1,034,385 |
| Adam VanWagner | Option | 255 | 17.7 | — |
| Timmie Hong | RSU | 27,498 | — | 1,723,850 |
| Richard Correia | Option | 569 | 17.7 | — |
| Richard Correia | Option | 10,389 | 77.4 | — |
| Diwakar Choubey | PSU | 66,665 | — | 4,179,229 |
| Timmie Hong | RSU | 2,215 | — | 138,858 |
| Richard Correia | RSU | 66,664 | — | 4,179,166 |
| Richard Correia | RSU | 28,000 | — | 1,755,320 |
| Adam VanWagner | RSU | 33,332 | — | 2,089,583 |
| Diwakar Choubey | RSU | 30,359 | — | 1,903,206 |
| Timmie Hong | RSU | 30,000 | — | 1,880,700 |
| Adam VanWagner | RSU | 24,000 | — | 1,504,560 |
| Adam VanWagner | PSU | 22,220 | — | 1,392,972 |
| Diwakar Choubey | RSU | 10,769 | — | 675,109 |
| Adam VanWagner | RSU | 2,690 | — | 168,636 |
| Diwakar Choubey | Option | 569 | 17.7 | — |
| Diwakar Choubey | Option | 18,900 | 77.4 | — |
| Timmie Hong | Option | 10,389 | 77.4 | — |
| Timmie Hong | Option | 2,846 | 17.7 | — |
| Adam VanWagner | Option | 1,595 | 77.4 | — |
| Adam VanWagner | PSU | 9,000 | — | 564,210 |
| Diwakar Choubey | RSU | 44,000 | — | 2,758,360 |
MoneyLion believes they are necessary to help attract and retain executive talent which is fundamental to its success.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | not disclosed |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| John ChrystalIndependent · Board Chair · Audit | — | — | — | $0 | — | $143,150 |
| Dwight BushIndependent · Audit · Risk and Compliance (Chair) | — | — | — | 0 | — | 128,150 |
| Chris SugdenIndependent · Compensation (Chair) · Risk and Compliance | — | — | — | 0 | — | 120,150 |
| Jeffrey GaryIndependent · Audit (Chair) | — | — | — | 0 | — | 118,150 |
| Matt DerellaIndependent · Audit · Compensation | — | — | — | 0 | — | 114,150 |
| Lisa GershIndependent · Compensation · Nominating and Corporate Governance (Chair) | — | — | — | 0 | — | 112,150 |
| Annette NazarethIndependent · Nominating and Corporate Governance · Risk and Compliance | — | — | — | 0 | — | 112,150 |
| Michael PaullIndependent · Compensation · Nominating and Corporate Governance | — | — | — | 0 | — | 108,150 |
| Diwakar (Dee) ChoubeyEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | — |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
| Component | FY2023 |
|---|---|
| Cash retainers and fees | $0 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $0 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Moneylion | 2023 | Diwakar Choubey | $650,000 | $4,848,284 | $0 | $0 | $6,595,566 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Diwakar Choubey | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “Summary Compensation Table”. As printed: 6,595,566. Filing ↗machine: t8 · span 387803–387812 |
| 2 | Section 01, Richard Correia | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “Summary Compensation Table”. As printed: 4,625,183. Filing ↗machine: t8 · span 409607–409616 |
| 3 | Section 01, Adam VanWagner | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “Summary Compensation Table”. As printed: 2,837,530. Filing ↗machine: t8 · span 453238–453247 |
| 4 | Section 01, Timmie Hong | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “Summary Compensation Table”. As printed: 2,772,385. Filing ↗machine: t8 · span 431452–431461 |
| 5 | Section 03, Adam VanWagner PSU | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t8 · r10 · c8 · span 450795–450804 |
| 6 | Section 03, Richard Correia PSU | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t8 · r4 · c8 · span 407164–407173 |
| 7 | Section 03, Timmie Hong PSU | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t8 · r7 · c8 · span 429009–429018 |
| 8 | Section 03, Diwakar Choubey PSU | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t8 · r1 · c8 · span 385318–385327 |
| 9 | Section 08, John Chrystal | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “Director Compensation”. As printed: 143,150. Filing ↗machine: t10 · r2 · c6 · span 1071316–1071317 |
| 10 | Section 08, Dwight Bush | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “Director Compensation”. As printed: 128,150. Filing ↗machine: t10 · r1 · c6 · span 1067056–1067057 |
| 11 | Section 08, Chris Sugden | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “Director Compensation”. As printed: 120,150. Filing ↗machine: t10 · r8 · c6 · span 1096453–1096454 |
| 12 | Section 08, Jeffrey Gary | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “Director Compensation”. As printed: 118,150. Filing ↗machine: t10 · r4 · c6 · span 1079694–1079695 |
| 13 | Section 08, Matt Derella | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “Director Compensation”. As printed: 114,150. Filing ↗machine: t10 · r3 · c6 · span 1075515–1075516 |
| 14 | Section 08, Lisa Gersh | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “Director Compensation”. As printed: 112,150. Filing ↗machine: t10 · r5 · c6 · span 1083891–1083892 |
| 15 | Section 08, Annette Nazareth | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “Director Compensation”. As printed: 112,150. Filing ↗machine: t10 · r6 · c6 · span 1088074–1088075 |
| 16 | Section 08, Michael Paull | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “Director Compensation”. As printed: 108,150. Filing ↗machine: t10 · r7 · c6 · span 1092274–1092275 |
| 17 | Section 08, Diwakar (Dee) Choubey | DEF 14A | 2024-04-29 | 0001213900-24-037177 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 18 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 19 | Section 09b board cost (computed) | Computed | — | computed | Cash 0 + equity 0 + all other 0 = 0, summed across the director compensation table rows.machine: formula: Σ = 0 |
| 20 | Moneylion (subject), Section 10b CEO total | DEF 14A | 2024-04-29 | 0001213900-24-037177 | CEO total compensation as printed in Moneylion's own proxy. As printed: 6,595,566. Filing ↗machine: t8 · span 387803–387812 |